Derivatives collection Proposal - 40% returns in WAGDIE treasury

Derivative projects should return a portion of the income to the community.

By creating a free mint collection of wagdie derivatives we allow people to have a derivative version at an economical price, returning 40% of the earnings to the community treasury

The derived collection is called WAGTY, it is a free mint with a 10% commission, all nft use the WAGDIE images modified with a glitch effect, the idea is β€œwhat’s after death? Only glitch”

all the proceeds of this collection will be committed to WAGDIE, 40% for the treasury wallet and 60% to be able to buy other WAGDIEs

Steps to implement
complete the free mint of the collection, update the derivatives collection to a GLITCH 2.0 version, which will be animated and will have traits

the success of being able to create a derivative collection with community support is fantastic, generating income will allow me to work more on creating a glitched animated version for each nft

Overal Cost - free minting, only eth fees.

derivate collection WAGTY :
Mint directly on etherscan. MAX 6/wallet
40% returns in WAGDIE wallet
etherscan: WAGTY | Address 0x923613bda0981de062a55a634d426e1cd095410a | Etherscan

are you interested in supporting a simple derivative project with returns in treasury wallet??


animation exemple :

1 Like

𝕿𝖍𝖆𝖓𝖐 π–žπ–”π–š 𝖋𝖔𝖗 π–˜π–šπ–‡π–’π–Žπ–™π–™π–Žπ–“π–Œ π–™π–π–Žπ–˜ π–•π–—π–”π–•π–”π–˜π–†π–‘ π•¬π–“π–Œπ–šπ–˜π•­π–‘π–†π–ˆπ–.
β„‘ 𝔑𝔬 π”Ÿπ”’π”©π”¦π”’π”³π”’ π”ž π”‘π”’π”―π”¦π”³π”žπ”±π”¦π”³π”’ 𝔬𝔣 π”΄π”žπ”€π”‘π”¦π”’ π” π”žπ”« π”Ÿπ”’ 𝔳𝔒𝔯𝔢 π”’π”«π”€π”žπ”€π”¦π”«π”€ π”Ÿπ”²π”± 𝔱π”₯𝔒𝔯𝔒 𝔫𝔒𝔒𝔑𝔰 𝔱𝔬 π”Ÿπ”’ π”ž π” π”©π”’π”žπ”― π”³π”žπ”©π”²π”’ π”žπ”‘π”‘.

β„œπ”’π”€π”žπ”―π”‘π”¦π”«π”€ 𝔱π”₯𝔒 π”―π”žπ”±π”¦π”¬π”«π”žπ”©π”’, π”΄π”žπ”€π”‘π”¦π”’ 𝔦𝔰 π”žπ”± 𝔦𝔱’𝔰 𝔩𝔬𝔴𝔒𝔰𝔱 𝔒𝔫𝔱𝔯𝔢 𝔭𝔬𝔦𝔫𝔱 𝔰𝔦𝔫𝔠𝔒 π”©π”žπ”²π”«π” π”₯ π”žπ”«π”‘ 𝔦𝔰 π”žπ”―π”€π”²π”žπ”Ÿπ”©π”Ά π”žπ”£π”£π”¬π”―π”‘π”žπ”Ÿπ”©π”’.
β„‘ π”₯π”žπ”³π”’ 𝔫𝔬𝔱 𝔰𝔒𝔫𝔰𝔒𝔑 𝔱π”₯π”žπ”± 𝔦𝔱 𝔦𝔰 𝔑𝔲𝔒 𝔱𝔬 𝔭𝔯𝔦𝔠𝔒 𝔱π”₯π”žπ”± 𝔴𝔒 π”₯π”žπ”³π”’ 𝔫𝔬𝔱 𝔢𝔒𝔱 π”žπ”±π”±π”―π”žπ” π”±π”’π”‘ π”ͺ𝔬𝔯𝔒 π”žπ”±π”±π”’π”«π”±π”¦π”¬π”«.

𝔄𝔱 𝔱π”₯𝔦𝔰 π”°π”±π”žπ”€π”’ 𝔬𝔣 𝔱π”₯𝔒 𝔭𝔯𝔬𝔧𝔒𝔠𝔱 𝔴𝔒 𝔴𝔬𝔲𝔩𝔑 π”΄π”žπ”«π”± 𝔱𝔬 π”žπ”³π”¬π”¦π”‘ π”£π”―π”žπ” π”±π”²π”―π”¦π”«π”€ 𝔱π”₯𝔒 π”žπ”±π”±π”’π”«π”±π”¦π”¬π”« π”žπ”΄π”žπ”Ά 𝔣𝔯𝔬π”ͺ 𝔱π”₯𝔒 π”ͺπ”žπ”¦π”« 𝔠𝔬𝔩𝔩𝔒𝔠𝔱𝔦𝔬𝔫 𝔲𝔫𝔩𝔒𝔰𝔰 𝔱π”₯𝔒 π”‘π”’π”―π”¦π”³π”žπ”±π”¦π”³π”’ π”žπ”―π”± 𝔦𝔰 π”žπ”Ÿπ”°π”¬π”©π”²π”±π”’π”©π”Ά 𝔠𝔬π”ͺ𝔭𝔒𝔩𝔩𝔦𝔫𝔀. 𝔄 π”€π”―π”’π”žπ”± π”’π”΅π”žπ”ͺ𝔭𝔩𝔒 𝔦𝔰 𝔱π”₯𝔒 3𝔇 𝔠𝔬𝔩𝔩𝔒𝔠𝔱𝔦𝔬𝔫. (𝔩𝔦𝔫𝔨𝔒𝔑 𝔣𝔬𝔯 π”’π”΅π”žπ”ͺ𝔭𝔩𝔒)


Cool derivative project!

Two comments;
I’m a little confused how the preview and animation relate – are you thinking of launching the previews first then updating them as you have time/resources to make the animations?

I’d be hesitant to fund this from the treasury at this point. I mostly agree with Merlin – entry price is near its lowest, and low relative to other collections. So a free mint isn’t compelling enough to me – I’d want to see more evidence that this could increase demand for the original WAGDIE collection, rather than cannibalize it.

A few ideas for next steps:
(1) Maybe you could promote the concept on twitter and see how much engagement this gets relative to other derivative projects? If it gets more engagement than things like wagdie_3d, then it might be worth supporting.
(2) If the images are cheaper to make and the treasury funding is needed for the animations, maybe you could launch the images first and we could consider supporting the animation part if metrics from the image launch look promising.

Another thought on launch strategy… Instead of a free mint, maybe consider a first version where WAGDIE holders can claim this derivative of their WAGDIE NFT. This way if we see high engagement among the holders, then we can revisit plans/funding to scale this beyond WAGDIE holders.


Im not to sure we should support derivatives that don’t extend the lore, world, or the current collection.


It would be more beneficial to create derivatives related or enrichens the lore or universe of wagdie.


I believe a derivative should bring value to the project and the brand. Examples of this would be compelling artwork, an extension of the storyline, or improvement to the overall user experience. In this case it’s simply the initial artwork with a visual flare and I would recommend against it.


Topic has been closed due to lack of interests within community for this to be a Proposal.

However, Conclave Reps recommend this Proposal and all future Derivative Proposals instead pay attention to Artist Proposal: Draft Proposal: WAGDIE Artist Panel / Shared Collection Contract - #26 by Dontfeedthewolf

If this passes, there will be a shared storefront for the community to release art.